Comments for DRH - Stockpickr! Your Source for Stock Ideas

Comments for DRH

Added By	Comments	Type	Date Added
barrons2	Market Outperform - Price 16.21 on Dec. 21 by JMP Securities We are maintaining our 12-month price target of $21. DiamondRock Hospitality announced today that it had sold the 220-room SpringHill Suites Atlanta Buckhead for $36 million to a private-equity firm. The purchase price implies a cap rate of 5.5% on trailing 13-period (trailing 12-month) net operating income, a great price for DRH that should be very accretive. The sale also reduces the company's exposure to the Atlanta market from four hotels to three (Atlanta Marriott Alpharetta, Renaissance Waverly and Westin Atlanta Perimeter North)...DiamondRock remains our top REIT pick, and we believe this deal is just another indication of the company's savvy and quality management team... Including the current dividend yield of 5.9% (versus the sector average of 7.2%), our target price indicates a total 12-month return of 35%.	Love	December 29, 2007
Alec Greenman	growth/income	Love	November 23, 2007
Richard M Bradford	DIAMONDROCK: A well run, promising hospitality REIT	Love	February 07, 2007
Pam	Yield: 4%. Invests in full-service and select-service hotels in the U.S. Recently added to S&P REIT Composite index.	Love	December 11, 2006